JPMorgan Chase is in talks to merge its blockchain unit Quorum with ConsenSys

According to Reuters, people familiar with the matter said that JPMorgan Chase & Co. (JPM.N) is discussing the merger of its blockchain unit Quorum with Ethereum developer ConsenSys. It is reported that the transaction is likely to be officially announced within the next six months, but the financial terms are not yet clear. There are currently around 25 people working on the Quorum team worldwide, and it is unclear whether they will join ConsenSys after the merger.